The Value of Simple: A Practical Guide to Taking the Complexity Out of Investing is a plain-language guide to investing for Canadians. Putting your money to work can look suspiciously like math at times, but this book lays out a simple approach that anyone can follow. With a focus on developing good processes to minimize the room for human error and step-by-step instructions, the book will walk you through the elements of managing your finances for the long term: how to devise a savings plan, stick to it through automation, determine an appropriate asset allocation, track your investments, and deal with the inevitable issue of taxation. It provides tools and templates, along with default suggestions and rules-of-thumb to help prevent analysis paralysis and get you started as soon as possible.
Canada has the highest investment fees in the world, on top of a unique and confusing tax system that features four-letter words like RRSP and TFSA. Fortunately there are low-cost index funds that make it easy and rewarding for you to become a do-it-yourself “couch potato” investor. There are already many texts that explain why index funds are a smart strategy; this book will focus instead on how you can use those conclusions to actually implement an investing plan for your life.
Control what can be controlled; minimize fees and effort. Investing doesn’t have to be complex to be successful.
The download will consist of a zip file (compressed archive) that contains three files: an ePub for Kobo and Sony, AZW3 for Kindle, and PDF for tablets and computers.
Note for iOS users: Apple iPads/iPhones may not handle zip files correctly and you may have to download from a computer or download the PDF alone. If you have any issues with the download, don’t hesitate to email me at firstname.lastname@example.org